Stock Technical indicators to notice in CAP GEMINI (CAP.PA)
1- Last bearish trend was from 25.25 $ (1/3/2012) to 24.25 $ (1/5/2012) a 1.00 $ move 2- The current bullish trend started from 24.25 $ at 1/5/2012 and is currently trading at 28.23 $.
CAP GEMINI (CAP.PA) Short term stock chart patterns for internet stock trading :
4- The Stock formed Double Top Pattern at 25.250 that failed, and formed a support .
5- The Stock formed a 1.510 $ height triangle which was broken up at 25.840, target of the pattern is 27.350.
CAP GEMINI (CAP.PA) Mid term stock chart patterns for internet stock trading :
6- The Stock was resisted by a resistance line, identified by two points: 28.090 and 28.740 that was broken up at 26.500 transforming into a supporting line.
CAP GEMINI (CAP.PA) Long term stock chart patterns for internet stock trading :
7- The Stock was resisted by a resistance line, identified by two points: 28.090 and 28.740 that was broken up at 26.500 transforming into a supporting line.
Stock Trading Conclusion:
CAP GEMINI (CAP.PA) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .
Stock Resistance Levels : .
Stock Support levels : 27.29, 26.71, 26.24, 26.04, 25.77, 25.09,.
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